Vision Sciences Society Inc
Analysis
Vision Sciences Society Inc is a registered charity in United States, based in Novato, CA. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Vision Sciences Society Inc reported income of $1.0m and spending of $957k, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $833k to $1.0m (+21%), an average of +4.9% a year. The sharpest change came in the year to September 2022, when income rose by 102%. Over the whole period it spent 99% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vision Sciences Society Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Amplifier Foundation ($1.0m), Synchronicity Performance Group ($1.0m) and Chamber Music Society of Palm Beach Inc ($1.0m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $6,725 (0.7% of expenses). At year end it held assets of $521k against liabilities of $25k, net assets of $496k.
Income and spending
Where the income comes from
- Contributions & grants 18%
- Program services 82%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Amplifier Foundation | Los Angeles | $1.0m |
| Synchronicity Performance Group | Atlanta | $1.0m |
| Chamber Music Society of Palm Beach Inc | Palm Beach | $1.0m |
| Newport Beach Independent International Film Festival | Costa Mesa | $1.0m |